Much of the extra refund money next year will go to upper-income households, he said. That's largely due to a temporarily higher $40,000 deduction on state and local taxes, he said. That so-called ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
President Trump signed the One Beautiful Bill Act into law in July. The legislation includes things like "Trump accounts" for ...
Perhaps because Americans have helped pay for tariffs. Trump told reporters on Air Force One on Nov. 14 that tariffs "may in ...
Money Talks News on MSN
IRS increases income limits for earned income and adoption tax credits
Netflix agrees to buy Warner Bros. in a $72-billion deal that will transform Hollywood Ford workers told their CEO ‘none of ...
Money Talks News on MSN
Shutdown left IRS drowning in 44-day backlog that's hitting your wallet
The 44-day government shutdown created a massive IRS backlog. Find out how it's affecting your tax refund and what business ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.
The Daily Overview on MSN
Here's what a $775M Powerball haul looks like after tax
A $775 million Powerball jackpot sounds like a ticket out of real life and into a private-jet fantasy, but the tax code has a way of shrinking even the biggest dreams. Once the IRS and state revenue ...
Money Talks News on MSN
Your 2025 tax refund could be bigger than expected thanks to these retroactive cuts
Princess Kate's friend says the future queen is willing to take one huge risk when it comes to public criticism A US aircraft ...
President Donald Trump has echoed his support to issue $2,000 tariff checks. Here's the latest on his proposed plan.
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